Europe ¡ Country profile
Sweden
India-Sweden trade corridor: $11.4B bilateral trade, $1.0B FDI into India.
$11.4B
Trade with India
+9.9% YoY
$1.56T
GDP
Nominal
$1.0B
FDI into India
Cumulative
-$1.8B
Trade balance
India deficit
Top exports to Sweden
- Gems and jewellery
- Rice and cereals
- Machinery
Top imports from Sweden
- Chemicals
- Plastics
- Fertilisers
Trade corridor with India
2025: $11.4B ¡ 5-yr CAGR 14.0%
Goods trade in USD billion, illustrative demo figures.
Latest Sweden stories
Trade6h ago7 min read
India-Sweden bilateral trade hits a new quarterly high
FDI9h ago3 min read
Sweden investors commit fresh capital to Indian manufacturing
Policy12h ago4 min read
Revised tariff schedule for India-Sweden goods notified
Technology15h ago5 min read
India and Sweden deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 5% to 4% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 5 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Sweden Business Forum
Feb 2027 ¡ New Delhi
Delegation
Trade delegation to Sweden
Apr 2027 ¡ Sweden
Buyer meet
Sweden buyers-sellers meet
Nov 2026 ¡ Mumbai
Policy
Joint working group on market access
Jan 2027 ¡ Virtual
Opportunity sectors
đS45Pharmaceutical11% projected demand growthđī¸S50Semiconductors9% projected demand growthâī¸S55Steel8% projected demand growthđ§S60Water Resources & Management19% projected demand growthâī¸S05Atomic Energy24% projected demand growthđ§ĒS10Chemicals & Fertilizers & Minerals27% projected demand growth